Investors bought shares of Linde PLC (NYSE:LIN) on weakness during trading hours on Thursday. $150.09 million flowed into the stock on the tick-up and $95.36 million flowed out of the stock on the tick-down, for a money net flow of $54.73 million into the stock. Of all stocks tracked, Linde had the 15th highest net in-flow for the day. Linde traded down ($1.55) for the day and closed at $165.30
LIN has been the topic of several analyst reports. Edward Jones initiated coverage on shares of Linde in a report on Wednesday, October 31st. They issued a “buy” rating on the stock. JPMorgan Chase & Co. initiated coverage on shares of Linde in a report on Friday, November 2nd. They issued an “overweight” rating and a $185.00 target price on the stock. Sanford C. Bernstein initiated coverage on shares of Linde in a report on Monday, November 5th. They issued an “underperform” rating on the stock. Barclays initiated coverage on shares of Linde in a report on Monday, November 5th. They issued an “equal weight” rating and a $178.00 target price on the stock. Finally, Jefferies Financial Group reiterated a “buy” rating on shares of Linde in a report on Monday. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have assigned a buy rating to the stock. Linde has an average rating of “Hold” and an average price target of $181.50.
The company has a debt-to-equity ratio of 0.98, a quick ratio of 0.78 and a current ratio of 0.86. The stock has a market capitalization of $45.79 billion, a PE ratio of 26.22, a price-to-earnings-growth ratio of 1.84 and a beta of 0.92.
Linde plc operates as an industrial gas and engineering company. The company offers oxygen, nitrogen, argon, rare gases, carbon monoxide, carbon dioxide, helium, hydrogen, electronic gases, specialty gases, acetylene, shielding gases, and noble gases, as well as develops and distributes procedures and systems for gas applications.
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